Pgdm Colleges In Maharashtra

Top PGDM Colleges in Maharashtra 2026 – Rankings, Fees, Admissions, ROI & More

Maharashtra's education system is renowned for its schools and colleges. Many colleges in Maharashtra offer PGDM programs that teach quality management education. Out of 43 cities, the financial capital of India, Mumbai, and the cultural capital of Maharashtra, Pune, are renowned and well-known for their management studies. PGDM colleges in Mumbai are known for their career-oriented curriculum, and PGDM colleges in Pune are best known for the affordable and low-cost management education. Some renowned PGDM colleges in Maharashtra are N. L. Dalmia Institute of Management Studies and Research, Institute of Management and Technology, Nagpur, and S.P. Jain Institute of Management and Research.

These top management colleges in Maharashtra offer diverse specializations involving Economics, Business Analytics, and IT, and so on. The PGDM college fees depend on the college and the offered programs. On average, the fees at some best PGDM colleges of Maharashtra range between INR 10 lakh and INR 22 lakh.


Top PGDM Colleges in Maharashtra 2026: Highlights

Parameters

Details

Top colleges

IMT Nagpur, S. P. Jain Institute of Management and Research, N. L. Dalmia Institute of Management Studies and Research

Exams Accepted

CAT, XAT, GMAT, CMAT, MH-CET, MAT, ATMA

Specializations Offered

Finance, Business Analytics, Marketing, Human Resources, Information Technology

Average Fees

INR 15 lakh to 22.5 lakh

Admission Process

Entrance exam / direct

Placement Range

INR 10 LPA to 30 LPA


Top PGDM Colleges in Maharashtra 2026: Fees & Specialisation

Many PGDM colleges in Maharashtra provide high-quality business education, including IMT Nagpur and N. L. Dalmia Institute of Management Studies and Research. The fees at these top PGDM colleges are high and range from INR 15-22.5 lakh. Check the table below to find the college-wise fee and specialization courses offered. 

College name 

Fees Range

Specialization Offered

IMT Nagpur

INR 15 lakh

Economics, Business Analytics & IT, Operations, Operation Behaviour, Human Resources, Finance, Marketing

N. L. Dalmia Institute of Management Studies and Research

INR 16.5 lakh

Finance, Marketing, Human Resources

S. P. Jain Institute of Management and Research

INR 22.5 lakh

Analytics, Consulting, Finance, Marketing, Information Management, Operations & Supply Chain


Top PGDM Colleges in Maharashtra: Eligibility Criteria

Candidates seeking PGDM admission in top colleges in Maharashtra should fulfil the minimal eligibility criteria. The primary eligibility criteria are a bachelor's degree with 50 percent marks.  In addition, candidates awaiting final year results can apply for PGDM admission. They must also qualify for a management entrance exam like MAT, GMAT, CAT, or XAT.

Criteria

Details

Educational Qualification

Bachelor’s degree with at least:

  • 50% marks for General Category Students

  • 45% for reserved category candidates

Final Year Candidates

Students awaiting final year results are also eligible to apply

Entrance Exam Requirement

CAT, XAT, MAT, CMAT, GMAT, or MAH CET

Age Limit

No upper age limit for admission

Work Experience

Not mandatory, but candidates with relevant work experience may get preference in top colleges

Reservation Criteria

As per Government of India/State Government norms (for SC, ST, OBC, PwD, etc.)


Entrance Exams Accepted by Top PGDM Colleges in Maharashtra

Check the table below to know more about the entrance exams accepted by the top PGDM colleges in Maharashtra to take admission in the academic year 2025:

Entrance Exam

Registration Period

Exam Date(s)

CAT

August 1, 2025, to September 20, 2025

November 30, 2025

MAT

PBT- 15th September 2025

CBT- 22nd September 2025

PBT: 21st September 2025

CBT: 25th September 2025

XAT

10th of July 2025 to 5th December 2025

January 4, 2026 

MAH MBA CET

January 25, 2025

March 15, 16, and 17, 2025

For detailed information, check our complete guide on Management Entrance Exams in India 2025

Top PGDM Colleges in Maharashtra 2025: NIRF Ranking

Two top PGDM colleges in Maharashtra come under the NIRF ranking, which are S. P. Jain Institute of Management and Research and Prin. L.N. Welingkar Institute of Management Development and Research (PGDM). These colleges are well-known for their quality of education and placement record. The NIRF ranking (2025) of these colleges is mentioned in the table below.

College Name

NIRF Rank 2025

NIRF Score 2025

S. P. Jain Institute of Management and Research

20

62.06

Prin. L.N. Welingkar Institute of Management Development and Research (PGDM)

75

49.08


List of Private PGDM Colleges in Maharashtra

There are several best private PGDM colleges in Maharashtra that provide quality business education. Some popular names are IMT Nagpur, N. L. Dalmia Institute of Management Studies and Research, S. P. Jain Institute of Management and Research, etc. These colleges accept an entrance exam for PGDM admission. 

College Name

Fees (Approx.)

Exams Accepted

Expected Cutoff

IMT Nagpur

INR 15 lakh

CAT, XAT, GMAT, CMAT

CAT 85, XAT 90, CMAT 90

N. L. Dalmia Institute of Management Studies and Research

INR 16.5 lakh

CAT, XAT, GMAT, CMAT, MH-CET, MAT, ATMA

MH-CET- 95

S. P. Jain Institute of Management and Research

INR 22.5 lakh

CAT, GMAT

CAT-85, GMAT-85


List of Government PGDM Colleges in Maharashtra

University of Mumbai is a Government college that provides a one-year PGDM course in Post-Graduate Diploma in Management of Education. It is a part-time PGDME course that can’t be compared with a two-year regular PGDM course. The fee for the entire academic year is INR 7,606.

College Name

Fees (Approx.)

Exams Accepted

Expected Cutoff

University of Mumbai

INR 7,606

NA

NA


Top PGDM Colleges in Maharashtra 2026: Fee & Salary (ROI)

Comparing the fee structure and salary package of top PGDM colleges in Maharashtra is comparatively high. Candidates have to pay a high fee to get admission in PGDM colleges in Maharashtra. While fees may be on the higher side, placements in reputed B-schools in Maharashtra ensure good value. The average salary package of top PGDM colleges ranges from INR 10 to INR 30 lakh. Check the table below to find out what is the return on investment of the best PGDM colleges in Maharashtra.

College Name

Fees

Avg Salary

ROI Verdict

IMT Nagpur

INR 15 lakh

INR 15 LPA

Good

N. L. Dalmia Institute of Management Studies and Research

INR 16.5 lakh

INR 9 LPA

Average

S. P. Jain Institute of Management and Research

INR 22.5 lakh

INR 32.1 LPA

Excellent


PGDM Colleges in Maharashtra: Admission 2026

To take admission in PGDM colleges in Maharashtra, candidates have to go through multiple admission rounds. This includes the entrance exam, participating in group discussions, personal interviews, etc. However, each of the colleges has its own admission process. The admission process of PGDM colleges in Maharashtra is illustrated below by taking the example of IMT Nagpur.

  1. Entrance exam score: While filling out the admission application form, candidates need to mention their accepted entrance exam score. 

  2. Shortlisting: Based on the entrance exam score college shortlists the candidates for the next admission step.

  3. Group exercise and personal interview: Shortlisted candidates are invited for group exercise and personal interview. 

  4. Final selection: The College makes the final selection of candidates based on their weighted score of the entrance exam, group exercise, and personal interview. 


Top PGDM Colleges in India Across Cities and States

Beyond Maharashtra, India offers great opportunities in management studies across other states and cities. Check the list below of top PGDM colleges in India with fee range and salary packages they are offering in the academic year 2025.

Top Cities for PGDM Colleges

Top States for PGDM Colleges

Top PGDM Colleges in Delhi

PGDM Colleges in Uttar Pradesh

Top PGDM Colleges in Noida

PGDM Colleges in Karnataka

Top PGDM Colleges in Bangalore

PGDM Colleges in Tamil Nadu

Top PGDM Colleges in Hyderabad

PGDM Colleges in Telangana

Top PGDM Colleges in Chennai

PGDM Colleges in Gujarat


Also Read

Frequently Asked Questions

Q1. What are the top PGDM colleges in Maharashtra?

The top PGDM colleges in Maharashtra include IMT Nagpur, S. P. Jain Institute of Management and Research (SPJIMR), N. L. Dalmia Institute of Management Studies and Research, and Welingkar Institute of Management (WeSchool), Mumbai. These colleges are well-known for strong placements, industry-relevant curriculum, and high ROI.

Q2. What do you need to enroll in PGDM colleges in Maharashtra?

To enroll in a PGDM program in Maharashtra, candidates must have: A bachelor’s degree with at least 50% marks (45% for reserved categories). A valid score in CAT, XAT, GMAT, CMAT, MAT, ATMA, or MH-CET (depending on college).

Q3. What specializations can you choose in PGDM programs?

Popular specializations include Finance, Sales and CRM, Brand Management, and AI.

Q4. How long does a PGDM course last?

A full-time PGDM course in Maharashtra lasts 2 years, divided into 4 semesters. Some institutes also offer part-time or executive PGDM programs, which may last 15–24 months depending on the format.

Q5. What is the fee range for PGDM programs in Maharashtra?

The PGDM fees in Maharashtra range between INR 10 lakh and INR 22.5 lakh, depending on the institute, specialization, and city. For example, SPJIMR Mumbai charges around INR 22.5 lakh, while IMT Nagpur fees are around INR 15 lakh.

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